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British Airways might accept 50% merger with Iberia

Madrid, Spain - The news issued by Spanish press

British Airways (BA) might be ready to accept a merger deal with Iberia for a 50% participation of the two carriers in the new joint-venture, Spanish newspaper "El Economista" reported today quoting sources close to the discussions. The paper also added that the headquarters of the new group would be set in Madrid. Share participation in the joint-venture is one of the major issues in this complicate...

AVIONEWS - World Aeronautical Press Agency - 1107064

AVIONEWS - World Aeronautical Press Agency
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